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DECA Test Study Guide Questions & Answers 2024/2025 £6.38   Add to cart

Exam (elaborations)

DECA Test Study Guide Questions & Answers 2024/2025

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  • Module
  • DECA
  • Institution
  • DECA

DECA Test Study Guide Questions & Answers 2024/2025

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  • October 10, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • DECA
  • DECA
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DECA Test Study Guide Questions &
Answers 2024/2025

company analysis - ANSWERSquestions that determine what a company identifies what areas are weak



customer analysis - ANSWERSstudying customers buying habits to reveal patterns that offer insight into
product offerings and pricing strategies



competitive position - ANSWERSquestions that determine a company's competitive plan



external opportunities and threats - ANSWERScompetition, environmental scan, political, economic,
socio-cultural, technolgical



competition - ANSWERSknowing what your competitors are doing at all times, as changes can provide
opportunities



environmental scan - ANSWERSan analysis of outside influences that may have an impact on an
organization



political - ANSWERSbeing alert to new government laws



economic - ANSWERSdetermines whether the economy is going up and down, is vital in making future
decisions



socio-cultural - ANSWERSchanges in attitudes, lifestyles, and opinions provide opportunities/threats



technological - ANSWERSchanging technology provides both threats and opportunities



executive summary - ANSWERSbrief overview of the entire marketing plan

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